Wells Fargo to Pay Customers

*A judge is ordering Wells Fargo Bank to pay customers $203 million for overdraft fees.

According to reports, the bank has been manipulating accounts to make customers pay for unwarranted overdraft fees.

The bank has been in some trouble for its deceptive practices for years, including accused loan discrimination against Blacks.

San Francisco U.S. District Judge William Alsup has also ordered the bank stop its deceptive practice of charging excess overdraft fees.

Wells Fargo will appeal the ruling.

The case is Gutierrez v. Wells Fargo, 07-05923, U.S. District Court, Northern District of California (San Francisco).

2 thoughts on “Wells Fargo to Pay Customers”

  1. As a Wells Fargo customer and victim of their shady practices, I’m glad to see this lawsuit. This has been going on too long. And if this is known information, why didn’t someone do something about this sooner.

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